Sunday, February 7, 2010

These are the “Golden Moments”

Gold has been beaten down hard and I see a potential up move in the Gold. This will support my take that USD is looking for some correction. I am looking for a 10% upside in the Gold from current levels and similar move can be expected in NSE Traded Gold ETF ( GOLDBEES )

Buy @ 1605

Stop @ 1575

Target @ 1750

Chart

GOLDBEES

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-Member Dhanvarsha Group